A judge has ordered soft class closure in a class action against Suncorp unit AAI over allegedly worthless insurance, saying that knowing how many of the 200,000 group members are likely to participate would assist in resolving the case.
The applicant in a competition class action against AGL Energy has failed to find another funder to back the case after the original funder that bankrolled the case withdrew its support.
Queensland power company Stanwell has flagged a possible âno case to answerâ submission in an upcoming competition class action trial that would seek to shut the case down mid-trial, with a judge saying it was âhighly unlikelyâ to succeed.Â
Suncorp subsidiary AAI has asked a court to order soft class closure in a group proceeding over allegedly worthless insurance, saying it was âpassing strangeâ that over 200,000 group members âdonât know theyâre even group membersâ three years into the case.Â
International Capital Markets may soon face a third class action, a court has heard, as the first two class actions to be filed against the Sydney-based online broker over risky contracts for difference mull consolidation.Â
Two firms have agreed to consolidate their class actions against online trading platform IG Markets over risky CFDs, but the company failed in a bid to have the two funders behind the cases liable for 100% of any security for costs order lest one funder defaults.
The New South Wales government wants to strike out class action claims that police conducted illegal strip searches at music festivals in the state ‘as a matter of routine’ and that it should face exemplary damages.
A judge has cut law firm Levitt Robinsonâs costs in a class action against retirement village provider Aveo, finding the solicitors were âseriously derelictâ in serving their evidence on loss and ran up over $1 million in avoidable costs.
A judge has found that a lawsuit against the state of NSW over hundreds of allegedly illegal strip searches conducted by NSW police at music festivals over a six-year period should move forward as a class action.
A judge has given a competition class action against AGL Energy another chance to secure funding, but imposed a âdrop dead dateâ by which the proceeding will be dismissed if no funder is found.